Tag: Vireol

Vireol to mothball until crush margins improve

Vireol to mothball until crush margins improve

August 31, 2015 |

In Virginia, the East Coast’s only ethanol plant Vireol in Hopewell is mothballing for an undetermined amount of time due to continuing low gas prices that are in turn weighing on ethanol prices. With the economics no longer viable to continue operating, with ethanol prices down about 35% from this time last year, the facility […]

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Vireol produced 11.5 million gallons since re-start in April

Vireol produced 11.5 million gallons since re-start in April

September 23, 2014 |

In Virginia, the Vireol ethanol plant in Hopewell held its inauguration even though production began in mid-April and has produced 11.5 million gallons so far from 4.6 billion bushels of corn. Of the total, 3 billion bushels came from Virginia. The company says it is pleased to have decided to keep the facility in Virginia […]

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Vireol selects Murex to market ethanol from Virginia plant

Vireol selects Murex to market ethanol from Virginia plant

April 23, 2014 |

In Texas, Vireol Bio Energy, LLC has selected Murex LLC as their marketing partner for the bioethanol plant in Hopewell, Virginia. Vireol recently announced their plans to bring the 63 million gallon per year ethanol plant in Hopewell, Virginia online in April of 2014. Vireol originally planned to transfer the plant to the UK, but […]

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Vierol running into challenges in getting grant to restart Osage Bio-Energy

Vierol running into challenges in getting grant to restart Osage Bio-Energy

March 24, 2014 |

In Virginia, Vireol is seeking a $250,000 Agricultural and Forestry Industrial Development grant to help with re-starting the former Osage Bio-Energy Plant but it must be matched by funds from the City of Hopewell. The City Council was not able to approve the grant at a recent meeting due to procedural challenges, but it may […]

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Vireol may keep Appomattox Ethanol in Virginia instead of UK

Vireol may keep Appomattox Ethanol in Virginia instead of UK

October 28, 2013 |

In Virginia, a trans-Atlantic flip-flop might be in the works. UK company Vireol had bought the Appomattox Ethanol plant in Hopewell with the intention of breaking it down into parts and shipping them to England where an ethanol plant under construction in Grimsby would make good use of them. But the Grimsby project appears to […]

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Vireol seeks to raise $125M for ethanol plant

Vireol seeks to raise $125M for ethanol plant

May 6, 2013 |

In the UK, Vireol, a biofuel producer, is looking to raise $125 million for a bioethanol plant in England. The company, which is collaborating with Future Fuels for the development of the plant, plans to raise the funds by the end of Q1. The plant will have an annual production capacity of 200 million liters, […]

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Belgians underwrite $330M Vireol ethanol project in UK

Belgians underwrite $330M Vireol ethanol project in UK

May 24, 2012 |

In the UK, Future Capital Partners announced that the Belgian Export Credit Agency has underwritten the $330 million 44 million gallon per year wheat-based Vireol ethanol plant planned for Grimsby and has secured $39 million in senior debt for the facility.

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Vireol CEO says UK using only 60 percent of wheat-growing capacity

Vireol CEO says UK using only 60 percent of wheat-growing capacity

[ 0 ] February 10, 2011 |

In the UK, Dave Knibbs, CEO of Vireol told Reuters that the UK can supply enough wheat for its food, feed and fuel needs, saying that UK agricultural was running at 60 percent of its capacity. Vireol is constructing a wheat biorefinery that will produce 55 million gallons (200 million liters) of ethanol, 175,000 tonnes […]

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